Between the thirteenth and sixteenth centuries, an early form of capitalism based on trade developed in the Italian city-states. This form of capitalism was capitalism, and thus was based mainly on :

Question

Quizplus · Accepted Answer

The early form of capitalism that developed in the Italian city-states between the thirteenth and sixteenth centuries was indeed merchant capitalism, which was primarily based on trade activities.

Between the Thirteenth and Sixteenth Centuries, an Early Form of Capitalism